Trade and Environment: A change gotta come


Supporting efforts to implement the UN SDGs, promoting a green post-COVID recovery

I watched the US Presidential debate last week Thursday evening and took particular note of the responses to the questions on the environment and climate change. Under President Donald Trump, the USA withdrew from the UN Framework Convention on Climate Change, doubting climate science, and has reduced regulations aimed at improving the environment, water and air quality and protection of flora and fauna. President Trump wants to retain the use of fossil fuels with limited regulations and promising to maintain jobs in these industries. Former Vice President Joe Biden spoke to returning the USA to the Climate Change Convention, collaborating with other countries to reduce carbon emissions by 2050, transitioning to cleaner renewable fuels, and prioritizing protection of the environment. For Biden, new jobs would be created by promoting sustainable development. Some commentators felt that Mr. Biden was too candid in pointing out that the USA would have to reduce and eventually phase out fossil fuels in order to stabilize or reverse climate change. With this statement, they felt that he risked votes in states where fossil fuels are key contributors to the economy. Some studies, it is reported, are showing that more Americans are aware of the impact of climate change and favour protecting the environment. That is gratifying to hear.

I am convinced that climate change is a reality. In the last 150 years, the rapid expansion of production, trade and consumption has placed great pressure on the worldโ€˜s resources, which we now know are not infinite. Production, transportation and deforestation have consistently released unusually high levels of carbon dioxide into the atmosphere increasing temperatures. Here in the Caribbean, days are getting warmer, rainfall cycles are more erratic, and droughts are longer with increasing wildfire incidents in some countries. Hurricanes are more numerous and intense. Zeta, from the Greek alphabet, is now the 27th named storm for this hurricane season. This could be a record breaking year. There is also concern about sea level rise and the appearance of unusually large quantities of sargassum seaweed on beaches, among other things.

Natureโ€™s response to the COVID-19 lockdown has demonstrated that the planet needs relief from the relentless pollution and abuse. I addressed this and other trade and environment issues in my article of April 29 titled โ€œA Cleaner Environment Under COVID-19โ€.

In every country, there is the need to recognize that adjustments have to be made to promote sustainable development in our own interest. Countries in the Caribbean produce or have identified sources of fossil fuels, oil and natural gas, in varying amounts. These are Trinidad and Tobago, Barbados, Belize, Guyana, Suriname, and Grenada. Others would welcome some discoveries. While there is the hope that benefits will accrue to the countries and the region post-COVID, it is recognized that developing and producing clean renewable energy has to be a priority also. The life span of fossil fuels is limited. To implement the UN Sustainable Development Goals (UN SDGs), requires the cooperation of all the worldโ€™s countries and on climate change, the participation of the globeโ€™s principal industrial polluters is essential. Environmental degradation does not only affect one country and not others. Everybody is impacted.

The World Trade Organization (WTO), which has a Committee on Trade and the Environment, has a new publication titled โ€œShort Answers to Big Questions on the WTO and the Environmentโ€. It is making the point that protecting the environment and global trade are not in conflict. They can be supportive. The WTO is also highlighting its cooperation with other multilateral institutions in implementing UN SDG Goal 17 to revitalize global partnerships for promoting sustainable development.

The United Nations Environment Programme (UNEP), assessing the impact of COVID-19, is calling for the focus to be on a green recovery. For UNEP, trade measures could support a green economic recovery. These trade measures could include reducing obstacles to environmental goods and technology and supporting sustainable food systems. In the long-term, they also recognize that coordinated international cooperation is required to make the trade system a vehicle for sustainable development and building resilience.

So, whether or not countries produce or only use fossil fuels, it is quite clear that for sustainable development and human survival, to transform global economies, a change has gotta come. The sooner people face this reality, the less challenging it will be.

Submitted by Elizabeth Morgan, Specialist in International Trade Policy and International Politics

Postscript added October 28, 2020: Recent development โ€“ I have learnt from a media report that at the meeting of the WTO Budget, Finance and Administration Committee held on October 22, 2020, the USA representative expressed his countryโ€™s concern about the launching at the WTO, in collaboration with the United Nation Conference on Trade and Development (UNCTAD) and the International Trade Centre (ITC), of the Sustainable Development Trade Monitor, an online portal to monitor progress in achieving the trade-related UN SDGs. It appears that the US felt that the decision to launch the portal was not properly considered in the WTO and could lead to duplication. We should monitor the treatment of Trade and Environment issues in both the WTO and UN system, and the collaboration between the two, especially on the implementation of SDG Goal 17 which sees trade as a critical means of implementation.

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